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Stobart Group making big strides in Aviation and Energy divisions

Warwick Brady, chief executive of Stobart Group Ltd (LON:STOB), tells Proactive Investors the group's expecting the number of passengers using Southend Airport to rise to two-and-a-half million in 2019.

Passengers rose 37% to 839,000 in the six months to August, but Easyjet recently added a fourth plane, while Ryanair will base three aircraft at the airport from next year.

Biomass increased underlying profits by 89% to £8.7mln though rails and civil engineering posted a loss of £4.8mln and a new commercial team has been appointed

 
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